Jindal Steel & Power reports many fold jump in Q1 consolidated net profit
10th Aug 2021

Jindal Steel & Power has reported results for first quarter ended June 30, 2021.

The company has reported 5- fold jump in its net profit at Rs 2660.73 crore for the quarter under review as compared to net profit of Rs 504.74 crore for the same quarter in the previous year. Total income of the company increased by 65.83% at Rs 10415.21 crore for Q1FY22 as compared Rs 6280.78 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported above 16- fold jump in its net profit attributable to owners at Rs 2543.27 crore for the quarter under review as compared to net profit of Rs 153.20 crore for the same quarter in the previous year. Total income of the company increased by 63.26% at Rs 10643.17 crore for Q1FY22 as compared Rs 6519.27 crore for the corresponding quarter previous year.